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Penske Automotive Group

231 hedge funds and large institutions have $1.82B invested in Penske Automotive Group in 2015 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 97 increasing their positions, 61 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 22

59% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 61

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

11% more funds holding

Funds holding: 209231 (+22)

0.28% more ownership

Funds ownership: 42.84%43.12% (+0.28%)

7% less capital invested

Capital invested by funds: $1.95B → $1.82B (-$128M)

20% less call options, than puts

Call options by funds: $2.58M | Put options by funds: $3.23M

Holders
231
Holders Change
+22
Holders Change %
+10.53%
% of All Funds
6.45%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
45
Increased
97
Reduced
61
Closed
22
Calls
$2.58M
Puts
$3.23M
Net Calls
-$645K
Net Calls Change
-$2.43M
Name Holding Trade Value Shares
Change
Change in
Stake
ORI
76
Oak Ridge Investments
Illinois
$3.2M -$2.01M -39,222 -37%
HCMT
77
Highland Capital Management (Tennessee)
Tennessee
$3.13M +$55.2K +1,078 +2%
Swiss National Bank
78
Swiss National Bank
Switzerland
$2.88M +$389K +7,600 +15%
GIM
79
Goelzer Investment Management
Indiana
$2.81M -$5.38K -105 -0.2%
SO
80
STRS Ohio
Ohio
$2.66M
DCM
81
Dupont Capital Management
Delaware
$2.66M
GGHC
82
Gilder Gagnon Howe & Co
New York
$2.48M -$5.88M -114,689 -69%
UBS Group
83
UBS Group
Switzerland
$2.47M +$1.31M +25,657 +101%
CCM
84
Coldstream Capital Management
Washington
$2.43M -$109K -2,130 -4%
PGIM
85
Pacific Global Investment Management
California
$2.42M +$29.1K +567 +1%
Two Sigma Advisers
86
Two Sigma Advisers
New York
$2.4M +$102K +2,000 +4%
Natixis Advisors
87
Natixis Advisors
Massachusetts
$2.17M +$707K +13,798 +44%
Bessemer Group
88
Bessemer Group
New Jersey
$2.13M +$2.25M +43,966 New
Barrow, Hanley, Mewhinney & Strauss
89
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.12M
Millennium Management
90
Millennium Management
New York
$2.1M +$2.22M +43,398 New
B
91
Barings
North Carolina
$2.08M +$856K +16,700 +64%
BCM
92
BlueCrest Capital Management
Jersey
$2.07M +$2.19M +42,792 New
CIP
93
Capital Insight Partners
Arizona
$1.99M +$2.56K +50 +0.1%
SIP
94
Stoneridge Investment Partners
Pennsylvania
$1.93M -$307K -5,982 -13%
UBS AM
95
UBS AM
Illinois
$1.85M +$174K +3,400 +10%
WS
96
Wedbush Securities
California
$1.84M -$37K -723 -2%
State Board of Administration of Florida Retirement System
97
State Board of Administration of Florida Retirement System
Florida
$1.83M +$68.1K +1,330 +4%
SCM
98
Stevens Capital Management
Pennsylvania
$1.83M +$1.94M +37,793 New
Legal & General Group
99
Legal & General Group
United Kingdom
$1.82M +$19.1K +372 +1%
CS
100
Credit Suisse
Switzerland
$1.77M +$234K +4,567 +14%

PAG Hedge Fund Activity: Q3 2015 in Review

231 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2015, worth a combined $1.82B — down 6.6% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new PAG positions and 22 closed out — a net gain of 23 holders — while 97 added to existing stakes and 61 trimmed.

The largest buyer was Artemis Investment Management, adding an estimated $9.03M. The largest seller was Lord, Abbett & Co, cutting an estimated $21M.

  • 231 institutional investors held Penske Automotive Group (PAG) as of Q3 2015, up from 209 in Q2 2015.
  • Funds reported $1.82B of Penske Automotive Group stock for Q3 2015, down 6.6% quarter-over-quarter.
  • 45 funds opened new Penske Automotive Group positions in Q3 2015 and 22 closed out, a net change of +23 holders.
  • The largest Penske Automotive Group buyer in Q3 2015 was Artemis Investment Management, an estimated $9.03M added.
  • The largest Penske Automotive Group seller in Q3 2015 was Lord, Abbett & Co, an estimated $21M sold.

Based on aggregated 13F filings for Q3 2015.